Since adding environmental hazard data to its already deep pool of information, RealtyTrac has gone ahead and sorted through its figures to publish a report ranking counties with the highest and lowest in man-made environmental hazards. As can be seen in the chart below, we’ve made it onto one of these lists, fairing at number two on “Top 50 Counties: Highest Prevalence of Man-Made Environmental Hazards.” Yikes.
Real estate-wise, hazardous counties appear to have lower median home values compared to the less hazardous markets. Yet interestingly, short-term home appreciation has been “stronger in the 50 housing markets with the highest prevalence” of hazards. Long-term price appreciation, though, has been weaker. More from RealtyTrac’s VP, Daren Blomquist: Read more »